Captain Vancouver

For Sale

MLS# R3004514
407 8120 COLONIAL DRIVE, Richmond BC V7C4V2
2 Bedrooms   |   1 Bathroom   |   687 sq.ft.
$449,000

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Ian Brett

Phone: (604) 968-7539
ian@captainvancouver.com

 
Property Details
Investor Alert! Seize this exceptional investment opportunity with a Cap Rate of 4.2% in Richmond's desirable Boyd Park neighbourhood. This 2 bedroom + den, 1 bathroom condo offers 687 square ft of well-designed living space, making it an ideal addition to any rental portfolio. Fantastic tenants and great monthly rent ($2275) on a long term lease (fixed until May 2027) equals piece of mind. Outdoor pool and well-maintained grounds provides added value. Strong rental demand in the area means low vacancy rates and long-term appreciation. Near the West Dyke Trail, IB Hugh Boyd Secondary and Safeway. One parking included. *some photos virtually staged* OPEN HOUSE SAT May 24th from 2-4pm. (id:5347)
Property Value: $449,000 Living Area: 687 sq.ft.
Year Built: 1977 Bedrooms: 2
House Type: Apartment Bathrooms: 1
Property Type: Single Family Owner Type: Strata
Maint Fee: 388.42 Parking:
Amenities: Laundry - In Suite
Added to MLS: 2025-05-21 00:30:03
 

Listing Provided By:
MLS Reciprocity  
Contact Ian Brett to schedule a viewing or provide more details.
Call 604 YOUR KEY that's (604) 968-7539 or email Ian@CaptainVancouver.com
 
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The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate brokerages are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver. Copyright 2014 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.